Autoliv, Inc. (NYSE:ALV) Shares Sold by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. cut its stake in shares of Autoliv, Inc. (NYSE:ALV) by 1.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,219 shares of the auto parts company’s stock after selling 317 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Autoliv were worth $1,953,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ALV. Vanguard Group Inc. raised its holdings in Autoliv by 6.7% during the third quarter. Vanguard Group Inc. now owns 2,136,224 shares of the auto parts company’s stock worth $206,103,000 after purchasing an additional 133,746 shares during the last quarter. Public Sector Pension Investment Board raised its stake in shares of Autoliv by 41.0% during the 4th quarter. Public Sector Pension Investment Board now owns 958,304 shares of the auto parts company’s stock worth $105,596,000 after buying an additional 278,800 shares during the last quarter. Mondrian Investment Partners LTD raised its stake in shares of Autoliv by 20.5% during the 1st quarter. Mondrian Investment Partners LTD now owns 952,555 shares of the auto parts company’s stock worth $114,716,000 after buying an additional 162,319 shares during the last quarter. Norges Bank purchased a new stake in shares of Autoliv in the 4th quarter worth about $91,065,000. Finally, Balyasny Asset Management L.P. grew its stake in Autoliv by 169.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 759,239 shares of the auto parts company’s stock valued at $83,661,000 after acquiring an additional 477,800 shares during the last quarter. Hedge funds and other institutional investors own 69.57% of the company’s stock.

Insider Activity at Autoliv

In other Autoliv news, Director Jan Carlson sold 1,900 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $126.75, for a total transaction of $240,825.00. Following the completion of the sale, the director now directly owns 77,493 shares in the company, valued at $9,822,237.75. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.20% of the stock is currently owned by insiders.

Autoliv Trading Up 1.1 %

ALV stock traded up $1.11 on Wednesday, hitting $99.34. 650,423 shares of the company were exchanged, compared to its average volume of 633,922. The stock has a market capitalization of $7.96 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 0.60 and a beta of 1.61. The business’s fifty day moving average is $114.22 and its two-hundred day moving average is $114.61. Autoliv, Inc. has a twelve month low of $89.37 and a twelve month high of $129.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.98 and a quick ratio of 0.73.

Autoliv (NYSE:ALV) last released its quarterly earnings data on Friday, July 19th. The auto parts company reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). Autoliv had a return on equity of 30.05% and a net margin of 5.91%. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the previous year, the company earned $1.93 earnings per share. The company’s quarterly revenue was down 1.1% on a year-over-year basis. As a group, research analysts forecast that Autoliv, Inc. will post 9.74 earnings per share for the current year.

Autoliv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 12th. Investors of record on Thursday, May 23rd were given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend was Wednesday, May 22nd. Autoliv’s dividend payout ratio (DPR) is presently 42.43%.

Analyst Ratings Changes

Several analysts have issued reports on ALV shares. Robert W. Baird reduced their price target on shares of Autoliv from $128.00 to $111.00 and set a “neutral” rating on the stock in a report on Monday. UBS Group upgraded Autoliv from a “neutral” rating to a “buy” rating and increased their target price for the company from $102.00 to $141.00 in a report on Tuesday, May 28th. Hsbc Global Res raised Autoliv to a “strong-buy” rating in a report on Monday, July 15th. Barclays decreased their price objective on Autoliv from $125.00 to $115.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, HSBC initiated coverage on shares of Autoliv in a research note on Monday, July 15th. They issued a “buy” rating and a $134.00 target price for the company. Seven investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $126.46.

Autoliv Profile

Autoliv, Inc, through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. It offers passive safety systems, including modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, and inflator technologies.